Org.nr 912 121 585 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET LINDSTRØM AS: årsregnskap 2019 vs 2018

Grew 55% on revenue, stronger earnings

approved 2020-02-24; registry 2020-03-16; journal 2020 242954

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET LINDSTRØM AS. Revenue 1.61m NOK → 2.49m NOK (+55.3%). Net result +3 684 NOK → +222.0k NOK. Equity 650.6k NOK → 872.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LINDSTRØM AS.

Scorecard

Revenue
1.61m NOK 2.49m NOK
+55.3%
Operating result
+3 523 NOK +283.6k NOK
+7949.3%
Net result
+3 684 NOK +222.0k NOK
+5926.3%
Equity
650.6k NOK 872.6k NOK
+34.1%
Cash
380.6k NOK 617.2k NOK
+62.2%
Total assets
1.04m NOK 1.61m NOK
+54.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.61m NOK to 2.49m NOK (+55.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3 523 NOK → +283.6k NOK (op. margin 0.2% → 11.4%). Calculated

  • ↑

    Net result improved

    Net result +3 684 NOK → +222.0k NOK (net margin 0.2% → 8.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 650.6k NOK → 872.6k NOK (equity ratio 62.4% → 54.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 380.6k NOK → 617.2k NOK (+62.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.15m NOK → 1.73m NOK (72% → 69% of revenue). Calculated